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For SaleCondo Apt · ApartmentMLS® #C13686632 · TRREB MLS®

700-38 Avenue Rd, Toronto, Ontario

Annex, Toronto, Ontario M5R 2G2

Bedrooms
3
Bathrooms
4
Type
Condo Apt
Basement
None

$4,880,000

Estimated market value

About 700-38 Avenue Rd

700-38 Avenue Rd is a 3-bedroom, 4-bathroom condo in Annex, Toronto, listed for sale at an asking price of $4,880,000 (MLS® C13686632).

Join the residents of The Prince Arthur, nestled between Yorkville and The Annex, and experience the luxury of privacy with an attentive Concierge, valet parking and the delivery of packages to your suite in one of Toronto's most sought after locations. Enjoy the space (approx. 3,115 sq ft) combining quality traditional finishing and built-ins with a renovated modern kitchen featuring exquisite high-end appliances. A thoughtful layout presents several separate private areas: primary/sitting room bedroom and second bedroom at one end, 3rd bedroom at the opposite end, a double door private library off the living room and separate formal dining room with a balcony. There are 3 bedrooms, 4 washrooms, library, 3 parking spaces, 2 lockers and 2 balconies for your family to enjoy. The south tower has a welcoming lobby entrance with tasteful art and decor. Generous ensuite laundry area with laundry sink. Wonderful amenities include the Annex and Yorkville Lounges, Fitness and Rejuvenation Center with sauna, theatre, library and car wash. Live in the innovative and cultural heart of Toronto.

Insights

  • Condition Score

    Good
    71out of 100

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    5out of 100

    −$24,238/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 19 condos with 3 bedrooms for lease in Annex right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$21,431 / 2026
MLS® number
C13686632
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
3000-3249 sqft
Listed on
Parking
3 Underground, 3 Parking
Listing brokerage: SUTTON GROUP OLD MILL REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 700-38 Avenue Rd, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$4,880,000—For SaleC13686632

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Annex
Municipality
Toronto

Building

Size
3000-3249 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
4
Bathroom Details
1 × 6pc, 1 × 4pc, 1 × 3pc, 1 × 2pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
3
Additional Parking
0
Total Parking
3

Utilities

Cooling
Other
Heating Type
Heat Pump

Additional

Fireplace
No
Den
No
Family room
No
Extras
Refrigerator, Tall Built-in Freezer, Induction Cooktop, Built-in Oven, Built-in Dishwasher, Microwave Drawer, Wine Cooler. Fan, Washer and Dryer. California Shutters, window coverings. Three parking spaces (Level A #18, Level A #19 both steps to the elevator and one space is a generous width, Level B #106), two lockers (Level B #164, Level B #165) and two balconies.
Condo maint.
$4,988

Rooms

RoomSizeFeaturesLevel
Foyer3.63 × 3.66 mLarge Closet, Double DoorsMain
Living4.62 × 7.9 mDouble Doors, Window Flr to Ceil, West ViewMain
Dining3.2 × 5.18 mFormal Rm, W/O To Balcony, Sw ViewMain
Kitchen3.24 × 6.3 mModern Kitchen, Eat-In Kitchen, South ViewMain
Library3.53 × 5.18 mB/I Bookcase, California Shutters, West ViewMain
Primary4.88 × 6.78 mBroadloom, His/Hers Closets, North ViewMain
Sitting—6 Pc Ensuite, combined w/primary, North ViewMain
2nd Br3.25 × 4.47 m3 Pc Ensuite, W/O To Balcony, Nw ViewMain
3rd Br3.45 × 4.17 m4 Pc Ensuite, Large Closet, Sw ViewMain

Map and tour

Condos for sale in Annex right now

For sale now
163
Median asking price
$988K

Middle half: $667K to $1.8M

This home is asking 394% above the median, higher than three quarters of them.

See all homes in Annex

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications on this home’s street within 800 m.

  • 200 CUMBERLAND STCondominiumUnder Review

    Amendment to Approved Condo Plan. Condo Exemption process


    90 m away

  • 208 BLOOR ST WSite planOMB Appeal

    May 2026 Update: The site plan applications at 208 Bloor and 210 Bloor have been combined to enable the redevelopment of the site as a 36-storey Private Student Residence (112.58 metres, including the mechanical penthouse).208 Bloor is subject to By-law 778-2024.210 Bloor is subject to By-law 782-2022 (OLT)Variance applications are currently being processed.


    200 m away

  • 208 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed redevelopment of the lands with a 36-storey Private Student Residence (112.58 metres in height, including the mechanical penthouse) with 426 dwelling units.27,742 square metres of residential GFA and 220 square metres of non-residential GFA are proposed.4 visitor parking spaces (including 1 accessible space) and 235 bike parking spaces are proposed.


    200 m away

  • 210 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed redevelopment of the lands with a 36-storey Private Student Residence (112.58 metres in height, including the mechanical penthouse) with 426 dwelling units.27,742 square metres of residential GFA and 220 square metres of non-residential GFA are proposed.4 visitor parking spaces (including 1 accessible space) and 235 bike parking spaces are proposed.


    200 m away

  • 210 BLOOR ST WSite planUnder Review

    INACTIVE Proposal for a 29-storey mixed-use building with 42 dwelling units and 100 square metres of ground floor retail space.


    200 m away

  • 210 BLOOR ST WSite planOMB Appeal

    May 2026 Update: The site plan applications at 208 Bloor and 210 Bloor have been combined to enable the redevelopment of the site as a 36-storey Private Student Residence (112.58 metres, including the mechanical penthouse).208 Bloor is subject to By-law 778-2024.210 Bloor is subject to By-law 782-2022 (OLT)Variance applications are currently being processed.


    200 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$108,475
Toronto municipal land transfer tax
$136,075
Total land transfer tax
$244,550
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$236,075
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $4,880,000
$72,000
Ontario total
$108,475

Toronto’s municipal tax has its own higher brackets at this price, so it adds $136,075.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

Loading the City’s records…

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

19 records · 11 on fileMatched 2026-11-11
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 3 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 45,510 sq ft196 building permits issued within 250 m in the last 2 years7 open development applications within 250 mNearest airport: 4.0 kmNearest rail line: 850 mA trail or path within 1 kmAt least 16 licensed child care centres within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record No record found in the source searched

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaChecked at the listing’s mapped point, not across the whole lot.At the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m103 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (284 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity5

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
  • 196 building permits issued within 250 m in the last 2 years250 m
  • 7 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 4.0 km4 km
  • Mapped parcel: about 45,510 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · Municipal development applications · City of Toronto property boundaries

Around the home3

  • Nearest rail line: 850 m850 m
  • A trail or path within 1 km1 km
  • At least 16 licensed child care centres within 1 kmFrom Ontario’s list of licensed child care centres. It does not show available spaces, fees or waiting lists.1 km

Province of Ontario open data · Provincial and municipal trail maps

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Governing Council of the University of Toronto — St George Campus, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Permit history

39 building permits cleared at this address in the City’s file.

  • Interior AlterationsUnder Review

    Proposed interior alterations to convert existing retail store to an office with laboratory component.

    Applied October 5, 2026

  • Building Permit Related(PS)Issuance Pending

    Plumbing - Proposed interior alterations to convert existing retail store to an office with laboratory component.

    Applied October 5, 2026

  • Building Permit Related(MS)Issuance Pending

    HVAC - Proposed interior alterations to convert existing retail store to an office with laboratory component.

    Applied October 5, 2026

  • Building Permit Related(PS)Permit Issued

    Plumbing - Proposed interior alterations to existing residential condominium unit including structural changes to shear wall, non structural changes to partition wall, bathroom and kitchen modifications and finish upgrades.

    Issued September 1, 2026

  • Interior AlterationsPermit Issued

    Proposed interior alterations to existing residential condominium unit including structural changes to shear wall, non structural changes to partition wall, bathroom and kitchen modifications and finish upgrades.

    Issued September 1, 2026

  • Building Permit Related(MS)Permit Issued

    HVAC - Proposed interior alterations to existing residential condominium unit including structural changes to shear wall, non structural changes to partition wall, bathroom and kitchen modifications and finish upgrades.

    Issued September 1, 2026

  • Garage Repair/ReconstructionInspection

    Proposal for alterations to parking garage (waterproofing and concrete repairs).

    Issued February 20, 2026

  • Other(PS)Closed

    Proposal for plumbing alterations, rough-in & connect.

    Issued October 15, 2025

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Jesse Ketchum Junior and Senior Public SchoolToronto DSBPublic · grades JK–8400 m89%Grade 6 average
Huron Street Junior Public SchoolToronto DSBPublic · grades JK–6600 m74%Grade 6 average
Our Lady of Lourdes Catholic SchoolToronto CDSBCatholic · grades JK–81.7 km66%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–62.4 km96%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Joseph's College SchoolToronto CDSBCatholic · grades 9–12850 m66%Grade 9 math
Central Technical SchoolToronto DSBPublic · grades 9–121.3 km34%Grade 9 math
Loretto College SchoolToronto CDSBCatholic · grades 9–121.4 km40%Grade 9 math
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–121.7 km86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
St George StationTTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth300 m
Bay StationTTC subway: Line 2 Bloor-Danforth450 m
Museum StationTTC subway: Line 1 Yonge-University450 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train3 km
Eglinton StationTTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton3.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

Loading the City’s records…

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $976,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$976,000
Total mortgage amount
$3,904,000
Total interest payment
$2,775,200
Total purchase cost
$7,655,200
Mortgage payment
$22,264/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$29,038
−$24,238per month
  • Rent $4,800
  • Shortfall $24,238

Rental income opens at $4,800, the median asking rent of 19 comparable homes for lease in Annex. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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